Hello buddies!!
I have been reading about Forex and I’m learning, but I have a couple of questions: How exactly can I use it?, What kind of good options has tradeview FX? I’ve heard that’s a good one, but I want to know what’s the difference between it and the others. Thanks!
There is not such difference between Trade view and other brokers. If we look towards technical difference, we can find some difference but not too much. However, if we look to the services provided by Trade view and other brokers they might be different. I would suggest that start trading with such broker who is having some nice services and always with you while you are trading as AVAFX experts are always with me providing daily market updates.
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I share your opinion differences between brokers are minimum, they're all the same. What can make them different I guess would be the features and services offered by them. Some of them are better than others.
Angy, Couscous
I've been doing a extensive research and take a look what I've found:
Spreads fluctuate on FXCM because they receive bids and ask quotes from banks and the difference between them will change with market conditions. Also if trading activity is low and liquidity is low the broker will charge more to do his profit with the deal - ei get you in the market. It just a normal business. If there are less people buying and selling that day the spread will go up so they can still make their money. Just don't trade during those times.
In fact a fluctuating spread is a good indicator of market conditions. If spreads widen like crazy that usually mean one of 2 things LOW Liquidity or NEWS Times and both require skills to trade if you even decide to participate during those times.
Albert
You can get a requote or a change in your order setup for many reasons and that would depend on market’s behavior. But when the spread change that’s just cruel. I think we must call for a specific spread no matter if it’s tight or not.
Spread has to be more with fractional pips and the bank support the broker has.
Spread has to be more with fractional pips and the bank support the broker has.
As competition intensifies, more flexibility in setting forex prices, tight trading spreads, and better solution for forex trading currencies are require. Fractional pip pricing should reduce bid/ask spreads for each of the more popular forex currency pairs even further, which due the view of the market volatility we have experienced could be a really helpful tool.
Traditionally, spreads are denoted in “pips”. For example, if the EUR/USD rate is quoted as 1.2150/2, then the spread is equal to 2 pips (calculated as 1.2152-1.2150). With the introduction of fractional pips, an extra digit of precision is used to quote rates. For example, the EUR/USD rate might then be quoted as 1.21501/19, where the spread then is equal to 1.8 pips instead of 2.
Traditionally, spreads are denoted in “pips”. For example, if the EUR/USD rate is quoted as 1.2150/2, then the spread is equal to 2 pips (calculated as 1.2152-1.2150). With the introduction of fractional pips, an extra digit of precision is used to quote rates. For example, the EUR/USD rate might then be quoted as 1.21501/19, where the spread then is equal to 1.8 pips instead of 2.
I've heard this a pretty good feature when you have a winning trade it could give you even more pips, and I understand is even better for scalpers, I mean if you're basically trading to grab any potential pip a fractional pip pricing isn't that bad.
It is a pretty good example to explain a new traders when he is having a winning trade it can give you even more pips, I understand it is better for scalpers. I have been trading this market since 2004 and now sharing my trading experience with beginners. Before I have never seen such a good example about explaining how to calculate pips and get more spreads. I have written some articles and created a blog for them. When I started trading this market, few brokers were there involved with forex trading. At this period, if we search for brokers we get a huge list. I had never heard about Oanda, Iforex, AVAFX, and Finexo before. I have gone through the trading platforms and services of some of the brokers on the net and searched through some sites about their ranking as well. I found some disadvantages of some brokers too. If we talk about Oanda, their leverage is less compared to other brokers only 1:50 while others are giving 1:100, 1:200. Some brokers are not having MT4 but they are assuring to start it this year. Therefore, these disadvantages put a negative impact on the customers mind. The customer support must be strong of every broker where they are lacking behind.
__________________ Use AVAQZ12 get a bonus of $100
on depositing $200 with AVAFX.
As competition intensifies, more flexibility in setting forex prices, tight trading spreads, and better solution for forex trading currencies are require. Fractional pip pricing should reduce bid/ask spreads for each of the more popular forex currency pairs even further, which due the view of the market volatility we have experienced could be a really helpful tool.
If you are worry about spreads just don’t use them. Trade with big timeframes and you won’t need to worry about spreads. The longer timeframe and higher amount of pips you go for the less the spread works against you.
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